Vesta raised a $30 million round led by Conversion Capital. Pennymac, New American Funding, Citi Ventures and Andreessen Horowitz also invested. Vesta uses AI agents to automate mortgage origination. Lenders can assign agents to tasks and scale their use over time. Some lenders use Vesta agents for underwriting decisions. All actions and reasoning are recorded for compliance. Vesta cites Claude Sonnet 4.5 as a key model improvement. The company competes with ICE Mortgage Technology and Xpanse. Vesta aims to expand its market share in mortgage lending.
What it unlocks
Lenders can deploy AI agents to automate mortgage origination tasks.
- $30 million Series round
- $85 million raised to date
- 12x revenue growth year over year
- 40 days to close a mortgage
Sources